STARLITE HOLD (00403) announced that on March 13, 2026 (after trading hours), Hong Kong Qizhi Technology (an indirect wholly-owned subsidiary of the company), the Guangdong-Hong Kong-Macao (GBA) Education Technology Innovation Center, and a joint venture company entered into a joint venture agreement. According to the agreement, the parties agreed to: (a) subscribe for shares in the joint venture company by Hong Kong Qizhi Technology and the GBA Education Technology Innovation Center; (b) establish a joint venture enterprise through the joint venture company with a total share capital of HKD 50 million; and (c) define the rights and obligations of each party in the joint venture company. Upon completion of the subscription, the joint venture company will be 70% owned by the GBA Education Technology Innovation Center and 30% owned by Hong Kong Qizhi Technology. The principal business of the joint venture will include researching and producing digital content, such as providing digital production solutions, AI-powered digital culture and creative design, metaverse-related products, and AI conversational robots and platforms. The announcement stated that establishing the joint venture is expected to generate significant synergies with the company's existing business and represents a strategic move to explore opportunities in the AI and digital culture and creative content industries. This initiative aligns with the company's previously stated development strategy and is beneficial for its long-term business growth. The formation of the joint venture will integrate the resources and experience of the GBA Education Technology Innovation Center with Professor Wang (serving as the Chief Scientific Advisor to the joint venture company), including important intellectual property acquired or to be acquired by the joint venture company. This integration will play a constructive role in expanding technological innovation and help enhance the company's competitiveness.